A comment on decentralisation: >> If there is one person who manages the payment system, it is this person who must comply with all the laws and regulations of

A comment on decentralisation: >> If there is one person who manages the payment system, it is this person who must comply with all the laws and regulations of the regulators, and if there is no central agent, then there is no one to present the requirements to.* Is this correct? Or do all users need to be GDPR compliant? Blockchains rely on lots of people storing the same data, and their interaction constitutes "running the service". Playing Devil's Advocate, I don't see how Bitcoin mining that validates drug-purchase transactions is legally much different to running a TOR exit node -- you're looking the other way while potentially abetting crimes. Morally I think I don't have a problem with it, but I don't think it would be difficult to ban or regulate after the fact.